LAMA MGMT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LAMA MGMT
Largest movements
- Cash +€15,406
up €15,406 (+25.2%), from €61,044 to €76,450
mainly Net result for the year (+€18,402) and Other debts (+€2,380)
- Financial fixed assets +€1,500
new in 2025: €1,500
- Reserves +€18,402
up €18,402 (+41.9%), from €43,953 to €62,355
- Tax, wage and social debts -€2,765
down €2,765 (-17.4%), from €15,922 to €13,157
of which Remuneration and social security: -€2,778
- Other debts +€2,380
up €2,380 (+23.2%), from €10,263 to €12,644
- Trade debts -€1,536
down €1,536 (-62.2%), from €2,469 to €933
- Taxes -€2,170
down €2,170 (-20.5%), from €10,593 to €8,423
- Gross operating margin -€1,166
down €1,166 (-2.8%), from €41,783 to €40,617
- Staff costs -€810
down €810 (-6.6%), from €12,248 to €11,438
- Financial charges +€513
up €513 (+70.6%), from €727 to €1,240
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,607 | €92,104 | +€16,497 | +21.8% |
| Fixed assets | 21/28 | - | €1,500 | +€1,500 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €75,607 | €90,604 | +€14,997 | +19.8% |
| Amounts receivable within one year | 40/41 | €14,563 | €14,153 | -€410 | -2.8% |
| Trade receivables | 40 | €14,520 | €14,082 | -€438 | -3.0% |
| Other amounts receivable | 41 | €43 | €71 | +€28 | +65.0% |
| Cash at bank and in hand | 54/58 | €61,044 | €76,450 | +€15,406 | +25.2% |
| Total equity and liabilities | 10/49 | €75,607 | €92,104 | +€16,497 | +21.8% |
| Equity | 10/15 | €46,953 | €65,355 | +€18,402 | +39.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €43,953 | €62,355 | +€18,402 | +41.9% |
| Distributable reserves | 133 | €43,953 | €62,355 | +€18,402 | +41.9% |
| Amounts payable | 17/49 | €28,655 | €26,749 | -€1,905 | -6.6% |
| Amounts payable within one year | 42/48 | €28,655 | €26,733 | -€1,922 | -6.7% |
| Trade debts | 44 | €2,469 | €933 | -€1,536 | -62.2% |
| Suppliers | 440/4 | €2,469 | €933 | -€1,536 | -62.2% |
| Taxes, remuneration and social security | 45 | €15,922 | €13,157 | -€2,765 | -17.4% |
| Taxes | 450/3 | €12,363 | €12,376 | +€13 | +0.1% |
| Remuneration and social security | 454/9 | €3,559 | €781 | -€2,778 | -78.1% |
| Other amounts payable | 47/48 | €10,263 | €12,644 | +€2,380 | +23.2% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €12,248 | €11,438 | -€810 | -6.6% |
| Other operating charges | 640/8 | €1,025 | €1,054 | +€29 | +2.8% |
| Non-recurring operating charges | 66A | €189 | €63 | -€126 | -66.5% |
| Gross operating margin | 9900 | €41,783 | €40,617 | -€1,166 | -2.8% |
| Operating profit (loss) | 9901 | €28,320 | €28,061 | -€259 | -0.9% |
| Financial income | 75/76B | €0 | €4 | +€4 | +40,300% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +40,300% |
| Financial charges | 65/66B | €727 | €1,240 | +€513 | +70.6% |
| Recurring financial charges | 65 | €727 | €1,240 | +€513 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €27,593 | €26,825 | -€768 | -2.8% |
| Income taxes | 67/77 | €10,593 | €8,423 | -€2,170 | -20.5% |
| Profit (loss) for the period | 9904 | €17,000 | €18,402 | +€1,402 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,000 | €18,402 | +€1,402 | +8.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.